Constraining government spending as a policy goal is misguided, illogical and can lead to economic instability

Prem Sikka is an Emeritus Professor of Accounting at the University of Essex and the University of Sheffield, a Labour member of the House of Lords, and Contributing Editor at Left Foot Forward. Mi...

Higher borrowing costs have piled fresh pressure on Andy Burnham ahead of his first Budget.

Monthly estimates of payrolled employees and their pay from HM Revenue and Customs’ (HMRC’s) Pay As You Earn (PAYE) Real Time Information (RTI) data.

Ask any question about money, tax, and deficits and get an MMT-grounded answer.

A masterpiece! By far the most inspiring economics film I have ever seen. Watch the trailer, stream the film for free, or host a screening in your community.

Rule changes being proposed by the regulator could allow a new regime of dynamic pricing creating higher bills when water is scarce

The Representation of the People Bill must be amended to target foreign political funders and their proxies, argues Sergei Cristo

As buyout firm swoops on the budget carrier, discussions with Richard Branson’s airline may result in selling each others’ tickets

Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projects

Fate of historic bicycle name in hands of administrators after Netherlands-based Accell Group fails to find buyer

Generate policy proposals grounded in MMT principles

Ministers have been told there is no new money to pay for these moves in a joint letter from the chancellor and the prime minister

Sticking to the 2024 election manifesto and fiscal rules will make it harder for him to deliver the headline promises and the change that he has paraded.

Sticking to the 2024 election manifesto and fiscal rules will make it harder for him to deliver the headline promises and the change that he has paraded.

He’s by far the most qualified candidate for the job. If Burnham doesn’t put Ed in No11, he will have weakened himself from the start – just like Starmer

Banks create money by making loans, but they operate within a hierarchy where the sovereign currency issuer ultimately controls the terms.

As revelations about Reform UK’s donors emerge, it’s clear that increasingly complex forms of patronage can’t be regulated effectively. We need a clean sweep, says columnist George Monbiot

No one is ever born poor. They are condemned to poverty by societal policies which prevent millions from realising their full physical, mental, and intellectual capacities potentialities.